Eli Lilly $LLY Foundayo cut sleep apnea events 43.8% in phase 3
AHI fell 21.1 events an hour vs 4.3 on placebo
FDA filing for sleep apnea planned by year end
Per Fierce Pharma
Copper miners fell for an 11th straight week $COPX
Longest streak since 2010 inception
Down 24.7% over the streak
Copper: $6.28 a pound, lowest since mid July
24 straight months of China gold buying $GLD 🇨🇳
October added: 830,000 ounces
Biggest month of the run
Gold fell 7% that month
Reserves: 78.3 million ounces
Per official data
Sable Offshore $SOC fell 75% premarket
Q3 revenue: $154.4 million
Cash ended the quarter at $38 million
Its sole crude buyer halted purchases in early October
Per BusinessWire
Robotaxi city number eight for Tesla $TSLA is San Antonio
Launch area: about 275 square miles, the largest at launch for Tesla
Barrick Mining $B beat on EPS in Q3 ✅
Adjusted EPS: $0.82 vs $0.78 expected
Revenue: $5.07 billion vs $5.08 billion expected
Full-year production guidance reiterated
monday.com $MNDY beat Q3 ✅
Adjusted EPS: $2.14 vs $1.41 expected
Revenue: $377.5 million vs $369.2 million expected
Q4 guide: $380 million to $382 million vs $386 million expected
Ferguson $FERG beat Q3 ✅
Adjusted EPS: $3.43 vs $3.36 expected
Revenue: $9.03 billion vs $8.91 billion expected
Full year sales guidance raised to about 7% growth
KKR $KKR posted a record Q3 ✅
Adjusted EPS: $1.78 vs $1.58 expected
Adjusted net income: $1.6 billion, up 29%
AUM topped $800 billion
Constellation Energy $CEG beat Q3 ✅
Adjusted EPS: $5.06 vs $3.85 expected
Revenue: $9.55 billion vs $9.37 billion expected
FY26 guidance raised to $12.50 to $12.80
Nvidia $NVDA fell 5.32% premarket to $176.72
Board opened a probe Sunday into reports
Huang was targeted by foreign intelligence
Lowest level since April
Oppenheimer upgraded AMD $AMD to Outperform
$600 target
33.6% upside from Friday's $449.04 close
Shares were up 2.44% premarket at $460
Mitsui Chemicals is buying a chip-materials maker valued above its own market cap
JSR equity value: ¥1.392 trillion, about $8.8B
Mitsui's own market cap: about ¥800B
State-backed JIC paid about ¥900B for JSR, the photoresist maker, two years ago
Taiwan is bouncing on the first day of the curbs
The Taiex is up 3.1% on Monday, the first session with short sales capped at 3% of average volume
Friday's 4.5% fall capped a 12.19% week, the worst since 2001
$TSM
Finland licensed the world's first permanent nuclear waste site in October
The US has the fund and no site
Nuclear Waste Fund: $51.4B
Spent fuel stranded: ~97,000 tons at ~75 sites
China's factory prices are running away from its consumer prices
PPI rose 5.7% in October, above the 5.3% expected, while CPI rose 0.7%, below the 0.8% expected
The gap widened to 5.0 points from 4.1 in September

